Stream Media (TSE:4772) Momentum Rank : 2 (As of May. 25, 2024)

View and export this data going back to 2000. Start your Free Trial

What is Stream Media Momentum Rank?

Stream Media has the Momentum Rank of 2.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Stream Media's Momentum Rank

For the Entertainment subindustry, Stream Media's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Stream Media's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Stream Media's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Stream Media's Momentum Rank falls into.

Stream Media Momentum Rank Related Terms

Thank you for viewing the detailed overview of Stream Media's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Stream Media (TSE:4772) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stream Media Corp (TSE:4772) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

STEAF:USA

Address

4-5-10 Shiba, Shizo Shiba 4-chome Building, Minato-ku, Tokyo, Tokyo, JPN, 108-0014

Website

https://www.streammedia.co.jp

Stream Media Corp is engaged in media and communication rights and restaurant business and digital processing and production of digital content delivery through the mobile phone Internet. Its Broadcast business includes Korean comprehensive channel of CS satellite broadcasting station and the Asian channel all over Japan. Management activities include planning and management such as music activities, appearances to events/media. The mobile business includes planning and managing career official mobile sites. Fan Club business include Fan club administration, official goods sale and holding fan meeting. MD business includes activities related to movie tickets, dramas, movies, celebrities by collaborating with convenience stores and broadcasting stations.

Stream Media (TSE:4772) Headlines

No Headlines